U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and fighter aircraft conducted […]
By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Samira Ayyash and her family are refusing to return to Ramadi in Anbar province after having fled to the Iraqi capital, Baghdad. Ayyash fears that she and her two sons and daughter could fall […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Baghdad’s Border Badlands: Why The Iraqi Capital Can Never Truly Be Secure The outskirts of Baghdad are very dangerous these days. Islamic State fighters hide here, mounting attacks on the […]
At the Iraq Britain Business Council (IBBC)'s Spring Conference in London last week, there was a general feeling that the downturn in oil prices is temporary, and that Iraq's finances will rebound in due course. Referring to the long-term trend in oil prices, Vikas Handa of Weir Group was adamant that "there is only one […]
By John Lee. Shares in DNO, the Norwegian oil and gas operator, closed up more than 10 percent on Wednesday as the company announced the startup of an active drilling program at its flagship Tawke field in the Kurdistan region of Iraq. The company said it will boost investments on the back of seven consecutive […]
By John Lee. Indian Ambassador to Iraq, Mr. George Raju yesterday visited the KRG Department of Foreign Relations to discuss the opening of Indian consulate general in Erbil. Ambassador Raju announced the decision of the government of India to open its consulate general in Erbil, capital of Kurdistan Region. He said that India realizes the […]
By John Lee. Kirintec, a UK-based supplier of tactical equipment for anti-terror solutions in the security and defence industry, has announced that it is sponsoring the Ur Region Archaeological Project in Iraq, led by Dr Jane Moon. Founder and Managing Director Roy Peers-Smith commented: "We feel privileged to share the story so far and wait […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Wednesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Iraq Ground-attack, fighter, bomber, and remotely […]
Kurdistan Regional Government Prime Minister Nechirvan Barzani yesterday attended the handover ceremony of a school built by UB Holding to the Ministry of Education. Speaking at the ceremony, Barzani said: "We are in need of private sector and donors to help us build schools; it will be an immense support for the KRG and for […]
In its Q1 Financial Report, Dana Gas reports that its production has fallen 16 percent in Iraqi Kurdistan: KURDISTAN REGION OF IRAQ - RESERVES UPDATE As reported previously Dana Gas and Crescent Petroleum, joint operators of Pearl Petroleum Company Limited ("PPCL"), estimate that P50 total geologically risked resources of petroleum initially in-place (PIIP) of the […]
By John Lee. Imperial Brands, formerly Imperial Tobacco Group, stated on Wednesday that "ongoing instability [in Iraq and Syria] continued to impact performance, particularly of Gauloises and Gitanes" cigarette brands. In its half-year results to the end of March, the company said that Iraq and Syris now represent less than 3 percent of total Group […]
By John Lee. Explosions have been reported at two oil wells near territory controlled by the Islamic State group (IS, ISIS, ISIL, Daesh) in northern Iraq on Wednesday. Production was halted at the Khabbaz oilfield, 20 km (12 miles) southwest of Kirkuk, in a region under control of the Kurdish peshmerga forces, according to Reuters. […]
